March 2014 Index Highlights
- Monster Employment Index Middle East rises 15 percent between March 2013 and 2014
- Retail/Trade and Logistics followed by BFSI saw the most notable growth in online recruitment activity from the year-ago. Online hiring eased the most in the Oil and Gas sector
- Year-on-year, online demand improved the most in case of Marketing & Communications/Arts/Creative professionals even this month
- Of the six GCC countries and Egypt that the Index monitors, Egypt exhibited the most notable growth between March 2013 and 2014. Kuwait occupied the second position
The Monster Employment Index is a monthly gauge of online job posting activity in Middle-East based on a real-time review of tens of thousands of employer job opportunities culled from a large representative selection of career Web sites and online job listings. The Index does not reflect the trend of any one advertiser or source, but is an aggregate measure of the change in job listings across the industry.
“Monster Employment Index Middle East has charted an average annual growth of 14 percent since September 2013. Retail/Trade and Logistics; and BFSI have been some of the most steadily growing sectors. This month we observe significant growth in the hospitality sector as well, while the Oil and Gas sector has been the most restrained as far as growth in online hiring is concerned. Meanwhile strong growth is predicted in Hospitality and Retail sectors.” said Sanjay Modi, Managing Director, Monster.com (India/ Middle- East/ South East Asia).